Question:Why is the venture capitalist in charge of the drawing up of the term sheet and not the target company? 

A Because it is stipulated by law that the venture capitalist gets to draw up all legal documents. 
B They are not. It can go either way. Both sides can draw it up. 
C Because the venture capitalist is the one who is investing, and gets to state under what terms they are willing to invest. The target company can either accept or reject them. 
D Because the venture capitalist has a lawyer and the target company does not. 

+ Answer
D 

+ Explanation
Answer not sure

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Md. Habib Ullah

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